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Craftsman Duplex with Private Yard

824 N Avenue 65, Los Angeles, CA 90042

For Sale
New
Contact for pricing

Los Angeles, CA

Property Size1,040 SF
Lot Size0.37 Acres
Price / SF$4.33
Days on Market5

Property Features for 824 N Avenue 65

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 1
Rooms Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Laundry Room, Bedroom 1, Kitchen
Parking 1
Patio and Porch features Deck
Pets allowed Number Limit, Dogs OK, Size Limit, Breed Restrictions, Cats OK
Appliances Refrigerator, Gas Range
Lot features Sprinklers None
Directions North of Meridian and East of Avenue 64.
Subdivision 632 - Highland Park
Standard status Active
APN 5716012010
Size 1,040 SF
Lot size 0.37 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

central air and heat
laundry unit in kitchen
deck
private yard
mature tree canopy

Building Details

Year built 1903
Floors in Building 2
Flooring type Laminate, Wood, Tile
Architectural style Craftsman
Listing Agency: COMPASS
Listed By: Kerri Lewin · License #01280172
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 8 at 4:06AM
MLS# P1-29488

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This Craftsman duplex property includes a 1,040-square-foot residence with three bedrooms and two bathrooms, built in 1903. Interior features include a refreshed kitchen, central air and heat, and laundry in the kitchen. A detached one-car garage provides additional covered space, while the large deck and mature trees form part of the outdoor setting. The parcel measures 0.3673 acres, with elevated neighborhood and hillside views noted from the property.

The property is at 824 N Avenue 65 in Los Angeles. York Boulevard and Figueroa Street in Highland Park are described as nearby dining, retail, and nightlife destinations, with access toward Pasadena, South Pasadena, and Downtown Los Angeles. Public water and public sewer serve the property.

Key Highlights

  • 1,040‑square‑foot residence with three bedrooms and two bathrooms
  • 0.3673‑acre parcel with a large deck and mature trees
  • Detached one‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$1,287,056
Suggested Prices Based on Cap Rates
Cap Rate 5%
$25,741,120 $25.7M
Cap Rate 7%
$18,386,514 $18.4M
Cap Rate 9%
$14,300,622 $14.3M
Market Conditions
NOI Build-Up for 1,040 SF
Gross rent
$2.36M $2,265.96/SF
− Vacancy
−$16.5K −$15.86/SF
EGI
$2.34M $2,250.10/SF
− OpEx
−$1.05M −$1,012.54/SF
NOI
$1.29M $1,237.55/SF
Area
Los Angeles, CA
Vacancy
0.70%
Lease Rate
$2,265.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$25,741,120
Cap Rate 7%
$18,386,514
Cap Rate 9%
$14,300,622

Alternative Uses

Best Use
Multifamily LT 5
$21.07M
$18.44M – $24.58M (±1% cap)
NOI $1,474,884 @ 7.0% cap · market cap 32,775.20%
Second Best
Apartment 5plus
$18.39M
$16.09M – $21.45M (±1% cap)
NOI $1,287,056 @ 7.0% cap · market cap 28,601.24%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

743
Businesses Nearby

Demographics for 90042, CA

58,295
Population
22,630
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
81%
High-School Grad
4.5 sq mi
ZIP Area
12,954
Density / Sq Mi
$94,401
Median Household Income
$49,804
Median Earnings
$1,853
Median Rent
$940,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Los Angeles, CA

$505 Jul
$513 Aug
$528 Sep
$521 Oct

Properties on Market for Duplexes in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A detached garage, outdoor deck, and established trees complement the residence’s three-bedroom, two-bathroom layout.
Where is this duplex located?
The property is located at 824 N Avenue 65 Los Angeles, CA.
What are key features of this property?
This property features: 1,040‑square‑foot residence with three bedrooms and two bathrooms; 0.3673‑acre parcel with a large deck and mature trees; Detached one‑car garage
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